I spent an afternoon in NYC’s richest zip code, where celebs live in a ‘paparazzi-proof’ building and the average income is $879,000. Here’s what the trendy neighborhood looks like.

Katie Warren/Business Insider

• Tribeca’s 10007 is the richest zip code in New York City. Residents have an average income of $879,000, according to Bloomberg.
• I spent an afternoon in the trendy Manhattan neighborhood, and it was a clear example of how the look of wealth is changing.
• Tribeca is a stark contrast to Billionaires’ Row, where hedge-fund and tech billionaires buy penthouses — many of which are secondary residences — at the top of sleek 1,000-foot-tall towers in Midtown Manhattan, an area bustling with tourism and retail.
• The city’s richest zip code, on the other hand, is a vibrant, trendy, and walkable neighborhood full of young people and families.
• Visit Business Insider’s homepage for more stories.

Tribeca, a trendy neighborhood in downtown Manhattan, is home to New York City’s richest zip code, where the average income of residents is $879,000, Bloomberg reported.

It’s the fifth-richest zip code in the US, according to Bloomberg’s ranking. 

Tribeca is "the epitome of downtown cool," as StreetEasy put it. The neighborhood, which borders the Hudson River to the west and the Financial District to the south, is a celebrity hotspot that’s been home to stars including Taylor Swift, Jennifer Lawrence, and Steven Spielberg.

And real estate in Tribeca is notoriously pricey. The median sale price is $3.8 million and the median rent is $6,195.

I recently spent an afternoon walking through the downtown Manhattan neighborhood. Here’s what New York City’s richest zip code looks like.

Tribeca, a trendy neighborhood in downtown Manhattan, is New York City’s richest zip code.

Katie Warren/Business Insider

The average income of Tribeca residents is $879,000, according to a recent report from Bloomberg, making it the fifth-richest zip code in the US.

Tribeca sits on the west side of Lower Manhattan.

Google Maps

It borders the Hudson River to the west, SoHo to the north, Chinatown to the east, and the Financial District to the south.

Tribeca is well served by public transportation.

Katie Warren/Business Insider

The A, C, E, 2, 3, N, Q, R, and W trains all serve various parts of the neighborhood.

See the rest of the story at Business Insider

See Also:

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• An inside look at 6 of the extreme methods Los Angeles real-estate brokers are using to get the city’s glut of mega-mansions off the market
• Rich New Yorkers are fleeing to Miami to escape high taxes. I spent 3 days there, and it was immediately clear why so many people are making the move.

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DON’T MISS: I spent a day on NYC’s Billionaires’ Row. Here’s your ultimate guide to one of the city’s glitziest streets, which borders Central Park and is home to the most expensive apartment ever sold in the US.

Source: Business Insider – kwarren@businessinsider.com (Katie Warren)